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Jeremy Reitman, champion of Canada’s retail fashion industry, leaves behind a ‘strong ship’

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Under Jeremy Reitman, the retailer survived the disruption of the past decade when its peers Jacob, Mexx, Comark and Express couldn’t make it work

Jeremy Reitman, chairman and chief executive of Reitmans Canada Ltd., has died, leaving a legacy as a builder of both his family business and Montreal’s fashion industry.

Reitman will be missed as an icon in Canada’s retail fashion industry, said Retail Council of Canada chief executive Diane Brisebois, who has worked with Reitman throughout her 25 years at the industry group. Under the leadership of Reitman and his brother Stephen Reitman, who serves as president and chief operating officer, the retailer survived the disruption of the past decade when its peers Jacob, Mexx, Comark and Express couldn’t make it work in Canada.

In the past decade, Reitmans shrunk its store footprint by 40 per cent from a peak of 980 stores in 2010.

 

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